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AMENDED AND RESTATED Distribution and Service Plan and Agreement With
Plan and Agreement • June 14th, 2012 • Oppenheimer Quest for Value Funds

This Amended and Restated Distribution and Service Plan and Agreement (the “Plan”) is dated as of the 15th day of June, 2012, by and between Oppenheimer Flexible Strategies Fund (the “Fund”), a Series of Oppenheimer Quest For Value Funds (the “Trust”) and OppenheimerFunds Distributor, Inc. (the “Distributor”).

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AMENDED AND RESTATED DISTRIBUTION AND SERVICE PLAN AND AGREEMENT With OppenheimerFunds Distributor, Inc. For Class A Shares of Oppenheimer Flexible Strategies Fund, a Series of Oppenheimer Quest For Value Funds
Distribution and Service Plan and Agreement • June 14th, 2012 • Oppenheimer Quest for Value Funds

This Amended and Restated Distribution and Service Plan and Agreement (the "Plan") is dated as of the 15th day of June, 2012, by and between Oppenheimer Flexible Strategies Fund (the “Fund”), a Series of Oppenheimer Quest For Value Funds (the "Trust") and OppenheimerFunds Distributor, Inc. (the "Distributor"). 1. The Plan. This Plan is the Fund's written distribution and service plan for Class A shares of the Fund (the "Shares"), contemplated by Rule 12b-1 as it may be amended from time to time (the "Rule") under the Investment Company Act of 1940 (the "1940 Act"), pursuant to which the Fund will compensate the Distributor for its services in connection with the distribution of Shares, and the personal service and maintenance of shareholder accounts that hold Shares ("Accounts"). The Fund may act as distributor of securities of which it is the issuer, pursuant to the Rule, according to the terms of this Plan. The terms and provisions of this Plan shall be interpreted and defined in

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